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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Addworth | LSE:ADW | London | Ordinary Share | GB00B05KLT09 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.375 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:0115C Addworth PLC 13 August 2007 Addworth declares 7.55% stake in NCI Vehicle Rescue Plc Following a purchase of 38,000 shares @ 13p per share on Thursday 9th August Addworth Plc has increased its holding in NCI Vehicle Rescue Plc to 700,000 shares, representing 7.55% of that company's equity. Mark Watson-Mitchell, who owns 19.34% of Addworth's equity, is the Non-Executive Chairman of NCI Vehicle Rescue Plc. Further information from Mark Watson-Mitchell, Executive Chairman 020 7638 8750 www.addworth.co.uk Notes to Editors Addworth (ADW), which gained admission to AIM on 3rd February 2005, was formed primarily to act as an 'active capital investor'. The focus is upon the growth of capital value and the generation of fee income from: establishing and funding newly quoted sector focused companies; acquiring and developing companies with growth potential; and taking minority equity positions in undervalued smaller listed companies. In the middle of January 2007 the Company established its own insurance company in Guernsey, called Risk Transfer. In late January 2007 it also floated Oil and Gas Support Services Plc on PLUS Markets, a special purpose acquisition company planning to acquire companies providing services to the global oil and gas sector. In late March it floated Gaming Ventures Plc, an investor in the mobile and online gaming sector. In July it floated Uranium Prospects Plc, which is involved in the funding of exploration and development of uranium prospects. NCI Vehicle Rescue (NCI), which is quoted on the PLUS Market, specialises in the provision of vehicle breakdown and roadside assistance recovery. The cover is currently provided to customers based in the UK, caters for vehicles used in the UK and Europe and is available to both individuals and businesses. NCI provides cover for cars, motorcycles and vans and the types of cover have been specifically designed to compete with other breakdown repair and recovery services available in the marketplace in terms of level of cover and service as well as price. NCI Insurance Services offers a range of insurance products to private individuals and businesses. This product range includes car, bike and van motor insurance as well as liability, home, and commercial cover. This information is provided by RNS The company news service from the London Stock Exchange END MSCGUUAWRUPMGQW
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